Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Administration fears part of health care system so flawed it could bankrupt insurance companies
Fox News ^ | January 22, 2014 | Jim Angle

Posted on 01/23/2014 8:59:55 AM PST by Zakeet

While the administration publicly expresses full confidence in its health care law, privately it fears one part of the system is so flawed it could bankrupt insurance companies and cripple ObamaCare itself.

"Week after week, month after month," says John Goodman of the National Center for Policy Analysis, "the Obama administration kept telling us everything's working fine, there's no problem and then they turn on a dime and fire their contractor."

To justify a no-bid contract with Accenture after firing CGI as the lead contractor, the administration released documents from the Department of Health and Human Services and the Center for Medicare and Medicaid Services that offered a rare glimpse of its worst fears, saying the problems with the website puts "the entire health insurance industry at risk" ... "potentially leading to their default and disrupting continued services and coverage to consumers."

Then it went even further, saying if the problems were not fixed by mid-March, "they will result in financial harm to the government."

It even added that without the fixes "the entire health care reform program is jeopardized."

In spite of the "urgent" need officials cited to keep the system from collapsing, the White House spokesman said he knew nothing about it.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: economy; healthcare; insurance; insurersbailout; obamacare; obamacareinsurers
Navigation: use the links below to view more comments.
first 1-2021-34 next last

The back end still hasn't been built, so insurers are dealing with massive confusion ... there's no way to effectively match policies and people ... no way to calculate federal subsidies ... big problems in terms of just the mechanics of making payments.

1 posted on 01/23/2014 8:59:55 AM PST by Zakeet
[ Post Reply | Private Reply | View Replies]

To: Zakeet

“Administration fears part of health care system so flawed it could bankrupt insurance companies”

Fixed it.

Administration plan of health care system so flawed it will bankrupt insurance companies setting stage for government take-over.


2 posted on 01/23/2014 9:01:34 AM PST by edcoil ( "All men's miseries derive from not being able to sit in a quiet room alone." - Blaise Pascal)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet

Guess we’ll just have to move on to a single payer system... you’d almost think it was designed this way...


3 posted on 01/23/2014 9:02:49 AM PST by dps.inspect (rage against the Obama machine...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet
"...the White House spokesman said he knew nothing about it."


4 posted on 01/23/2014 9:03:42 AM PST by Paladin2
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet
"the White House spokesman said he knew nothing about it."


5 posted on 01/23/2014 9:03:52 AM PST by DannyTN (A>)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Paladin2

beat me by 10 seconds.


6 posted on 01/23/2014 9:04:18 AM PST by DannyTN (A>)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Zakeet

7 posted on 01/23/2014 9:06:04 AM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DannyTN

I went with exposure rather than size or embellishments.


8 posted on 01/23/2014 9:06:13 AM PST by Paladin2
[ Post Reply | Private Reply | To 6 | View Replies]

To: Zakeet

“Administration fears part of health care system so flawed it could bankrupt insurance companies”

Hell, I thought that was the idea all along.


9 posted on 01/23/2014 9:06:56 AM PST by V_TWIN
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet
"Administration fears hopes part of health care system so flawed it could bankrupt insurance companies"

There... fixed it.

10 posted on 01/23/2014 9:07:20 AM PST by Mr. K (If you like your constitution, you can keep it...Period.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet
the administration FEARS? thats a first! ya barry we believe ya!


11 posted on 01/23/2014 9:08:26 AM PST by MeshugeMikey ("When you meet the unbelievers, strike at their necks..." -- Qur'an 47:4)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edcoil

http://www.chaosbrewclub.net/sites/default/files/userfiles/lucas/images/you_are_correct_sir1367426331.jpg


12 posted on 01/23/2014 9:09:02 AM PST by V_TWIN
[ Post Reply | Private Reply | To 2 | View Replies]

To: Zakeet

This POS was never about “reform”


13 posted on 01/23/2014 9:09:38 AM PST by headstamp 2 (What would Scooby do?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet

14 posted on 01/23/2014 9:10:39 AM PST by skimbell
[ Post Reply | Private Reply | To 1 | View Replies]

To: edcoil

Insurance companies need to be working up, in the background if nowhere else,

plans to offer to people that they actually want and fit their needs,

regardless of the requirements or mandates of Obamacare.

People should just buy the plans they want, ignore Obama, his mandates, and the fines.


15 posted on 01/23/2014 9:10:57 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Zakeet

“Then it went even further, saying if the problems were not fixed by mid-March, “they will result in financial harm to the government.”

I guess 17 trillion in debt doesn’t warrant any concern.


16 posted on 01/23/2014 9:11:28 AM PST by headstamp 2 (What would Scooby do?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MrB

You may have something there. Mass non-compliance may be the only option now.


17 posted on 01/23/2014 9:12:39 AM PST by headstamp 2 (What would Scooby do?)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Zakeet
All is proceeding according to plan.

Obamacare was designed and intended to be so terrible that the sheeple would quickly beg for socialized medicine.

Say goodbye to the best medical care the world has ever known. Say hello to Canadian style socialized healthcare.

18 posted on 01/23/2014 9:12:49 AM PST by Bubba_Leroy (The Obamanation Continues)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edcoil

Perfect fix.

One wonders why media plays this Trojan Horse as flawed, incomplete, incompetent, inept, unfinished, etc., etc.

Pretty slick charade if you ask me.


19 posted on 01/23/2014 9:12:56 AM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jim Noble



20 posted on 01/23/2014 9:13:18 AM PST by MeshugeMikey ("When you meet the unbelievers, strike at their necks..." -- Qur'an 47:4)
[ Post Reply | Private Reply | To 7 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-34 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson